SNXX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitSNXX_USDC-PERPETUAL	9.8122	+0.0280	pay 0.0035% / 1h	11m 58s	$157K	$4.7M	10x	Long Deribit
SHORT	tradeXYZxyz:SNXX	9.7967	+0.0050	get 0.0006% / 1h	11m 58s	$1.9M	$18.6M	10x	Short tradeXYZ

Price gap−0.158%

Funding gap−0.0230% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.131% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$27−0.0230% /8h now · paid −0.265% over the last 7D

Price−$13spread −0.158% now, avg −0.027% → −0.131% if it goes back

Costs−$420.415% of $10k · taker + slippage, in and out

Result−$81−0.81%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.158%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SNXX on 18 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

OK: Fits both order books8.6 / 7.9 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,000 + $1,000
Deribit 10x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$6.91Long Deribit: 24 payments, −$8.41; short tradeXYZ: 24 payments, +$1.50.
Watch: Gap narrower than usual−0.158% vs −0.027%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$157K vs $1.9M OI
Deribit sets your exit cost. Check its book before closing.
OK: Points on a legtradeXYZ points
Volume here counts toward the points program.
Watch: KYCDeribit Yes · tradeXYZ No
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0126%/8h × 21 periods−$26.51

Price spread−0.158% → −0.027% (7d avg)−$13.11

Slippage, 4 orderslive order books−$32.72

Fee Deribit bp × 2 orders−$7.00

Fee tradeXYZ bp × 2 orders−$1.80

Net · 7 days · $10k−$81.14

Costs to cover0.415%Break-evennever at this rate

Slippage: Deribit: live order book, 6 min ago; tradeXYZ: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit5.078.6 bp−$915.7 bp−$157doesn’t fitdoesn’t fit

SELL · SHORTtradeXYZ1.827.9 bp−$818.0 bp−$18059.9 bp−$5,987doesn’t fit

Closing costs about the same again.

SNXX news

posts that mention SNXX, from every exchangeSearch all news →

10-14 10:07	Deribit	Listing	🚨 Now live on Deribit: CRWV • ORCL • SOXS • DELL • PLTR & SNXX USDC-settled perpetuals. ↓ @DeribitOfficial on X ↗
10-14 10:00	Deribit	Listing	new market SNXX_USDC-PERPETUAL ($SNXX) seen by our collector
10-12 12:59	Deribit	Listing	🚨 New Equity & ETF Perpetuals. Coming to Deribit. On Wednesday, October 14, 2026 at 10:00 AM UTC, Deribit will launch the following USDC-settled equity perpetuals: CRWV • ORCL • SOXS • DELL • PLTR • SNXX Contract details: 🔹 Settlement: USDC 🔹 Full specs: @DeribitOfficial on X ↗